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Artificial intelligence improves fine wine price prediction

Publication date:
5 August 2015

The price
fluctuation of fine wines can now be predicted more accurately using a novel
artificial intelligence approach developed by researchers at UCL. The method
could be used to help fine wine investors make more informed decisions about
their portfolios and encourage non-wine investors to start looking at wine in
this manner and hence increase the net trade of wine. It is expected that
similar techniques will be used in other ‘alternative assets’ such as classic
cars.